Mathematics, 08.01.2020 16:31 emilyharper
John bought a used truck for $4,500. he made an agreement with the dealer to put $1,500 down and make payments of $350 for the next 10 months. the extra cost paid by taking this deal is equivalent to what actual yearly rate of interest?
a. 3.6%
b. 63%
c. 33%
d. 36%
provide an explanation, ! : )
Answers: 2
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